WASHINGTON, DC - FEBRUARY 04: Martin Shkreli, former CEO of Turing Pharmaceuticals LLC., is sworn in during a House Oversight and Government Reform Committee hearing on Capitol Hill, February 4, 2016 in Washington, DC. Shkreli invoked his 5th Amendment right not to testify to the committee that is examining the prescription drug market. (Photo by Mark Wilson/Getty Images)

NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli has been freed from prison after serving much of a seven-year prison sentence for lying to hedge fund investors and cheating investors in a drug company. Shkreli’s attorney, Ben Brafman, said in a statement Wednesday that the 39-year-old Shkreli was released from a prison in Allenwood, Pennsylvania. He said his client was transferred to a Bureau of Prisons halfway house after completing programs that enabled him to earn early release. The lawyer also says he encouraged Shkreli to make no statement. In a release, the Federal Bureau of Prisons confirmed Shkreli’s release, saying the halfway house stint will end in mid-September.